Tag:

auditor

Latest Headlines

Latest Headlines

Madoff scandal, another red flag

Bernie Madoff's secretive investment firm "managed"--and I use the term loosely--billions of dollars. And yet its auditor was a tiny one-accountant operation in New City, New York, called Friehling & Horowitz. The AP paid a visit and noted the office is "next door to a pediatrician in a dr

Big mark-to-market meeting on Wednesday

FAS 157, the controversial fair accounting rule, will be the topic of a roundtable today at the Securities and Exchange Commission. As you know, the rule has become the center of much controversy, with more than a few pundits and experts blaming the rule for the financial meltdown. My guess is tha